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REGULAR MEETING MAY 13, 1985 <br />OPTION <br />Lease terms in (1) above will apply to <br />choice of alternates (A,B). <br />RUDD EQUIPMENT CORPORATION <br />5820 Industrial Road <br />Fort Wayne, Indiana 46825 <br />Bid was signed by R.L. Nicolai, Branch Manager, Non -Collusion <br />Affidavit was in order and a 10% Bid Bond was submitted. <br />BID: <br />1 New Hyster Model C530A Pneumatic Compactor $40,442.00 <br />Warranty: One (1) Full year Manufacturer's <br />Warranty on parts and service. <br />ALTERNATE 1: <br />1 New Hyster Model C530A Pneumatic Compactor $43,142.00 <br />Described same as above, but with OPTIONAL <br />PERKINS 4.236 Diesel Engine, 81 HP @ 2600 rpm. <br />ALTERNATE 2: <br />1 New Hyster Model C530A Pneumatic Compactor $45,295.00 <br />Described same as above, but with DETROIT <br />DIESEL Model 3-53N Engine, 88 HP @ 2600 rpm. <br />DELIVERY: On either of above models, approx. 12 <br />weeks after order. <br />ALTERNATE 3: <br />LEASE/PURCHASE OPTION TERMS AS FOLLOWS: <br />For Model 530A with GM GAS: <br />$4,000.00 due and payable on receipt of machine; <br />$4,000.00 payable on January 15, 1986 plus whatever <br />interest has accrued from delivery of machine at 12.5% <br />interest per annum; balance then due in seven (7) pay- <br />ments of $5,863.24 ea., beginning July 1, 1986 and due <br />in the months of January and July thereafter until paid <br />in full. <br />For Model C530A with Optional Perkins Diesel: <br />$4,300.00 due and payable on receipt of machine; <br />$4,300.00 payable on January 15, 1986 plus whatever <br />interest has accrued from delivery of machine at 12.5% <br />annum; balance then due in seven (7) payments of <br />$6,242.78 ea., beginning July 1, 1986 and due in the <br />months of January & July thereafter. <br />For Model C530A with Optional Detroit Diesel: <br />$4,500.00 due and payable on receipt of machine; <br />$4,500.00 payable on January 15, 1986 plus whatever <br />interest has accrued from delivery of machine at <br />12.5% annum; balance then due in seven (7) payments <br />of $6,559.60 ea., beginning July 1, 1986 and due in <br />the months of January & July thereafter. <br />ALTERNATE 4: <br />1 Hyster Model C530A Pneumatic Compactor $27,500.00 <br />(Used) Hours 380. <br />Includes: Perkins 4.236 Diesel Engine <br />(9) 7.50 x 15 - 14 ply tires <br />Air -on -the -go System <br />